The Terrestrial Planet Finder - Occulter (TPF-O) mission has two Spacecraft (SC) buses, one for a space telescope and the other for a formation-flying occulter. SC buses typically supply the utilities (support structures, propulsion, attitude control, power, communications, etc) required by the payloads. Unique requirements for the occulter SC bus are to provide the large delta V required for the slewing maneuvers of the occulter, and comunications for formation flying. The TPF-O telescope SC bus shares some key features of the one for the Hubble Space Telescope (HST): both support space telescopes designed to observe in the visible to near infrared range of wavelengths with comparable primary mirror apertures (2.4 m for HST, 2.4 - 4.0 m for TPF-O). However, TPF-O is expected to have a Wide Field Camera (WFC) with a Field of View (FOV) much larger than that of HST. Ths WFC is also expected to provide fine guidance. TPF-O is designed to operate in an orbit around the Sun-Earth Lagrange 2 (SEL2) point. The longer communications range to SEL2 and the large science FOV require higher performance communications than HST. Maintaining a SEL2 orbit requires TPF-O, unlike HST, to have a propulsion system. The velocity required for reachng SEL2 and the limited capabilities of affordable launch vehicles require both TPF-O elements to have compact, low-mass designs. Finally, it is possible that TPF-O may utilize a modular design derived fiom that of HST to allow servicing in the SEL2 orbit.